In a changing world we all have a duty to reflect on how we can reduce our impact on the environment and understanding more about the energy we use allows us to make informed choices about our energy and how we use it.
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1. How long does North Sea oil have left?
With Up to 20 billion barrels of oil still to be recovered, the UK oil and gas industry will continue to play a key role in supplying the UK with secure, affordable energy for decades to come.
2. When will there be an end to fossil fuel use?
By 2035 oil and gas will still provide the UK with two thirds of its energy and although renewables are an option for some elements of the energy mix, there are currently no alternative, lower-carbon solutions for things like aviation and shipping.
3. How many people work in the oil and gas industry in the UK?
In 2018 the UK oil and gas industry supported a total of 259,900 jobs throughout the UK
4. How many barrels of oil does each person in the UK use every year?
In 2018 there were 363.5 million barrels of oil produced from the UK North Sea, which works out at an average of 5.61 barrels of oil per person! That’s the equivalent of 11 bathtubs full of oil every year.
5. How does the UK oil and gas industry contribute to UK economy?
Oil and gas is one of the most significant industries to the UK economy. It has contributed over £350 billion to the UK exchequer in production taxes alone since operations began in the North Sea in the 1960s. Last year the UK oil and gas industry contributed £24 billion to UK GDP in 2018 currently 1% GDP Source: 2019 Economic Report